Habib Sugar Mills Balance Sheet Health
Financial Health criteria checks 6/6
Habib Sugar Mills has a total shareholder equity of PKR13.3B and total debt of PKR1.2B, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are PKR20.7B and PKR7.5B respectively. Habib Sugar Mills's EBIT is PKR2.8B making its interest coverage ratio -2.4. It has cash and short-term investments of PKR3.5B.
Key information
8.7%
Debt to equity ratio
PK₨1.16b
Debt
| Interest coverage ratio | -2.4x |
| Cash | PK₨3.49b |
| Equity | PK₨13.27b |
| Total liabilities | PK₨7.47b |
| Total assets | PK₨20.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HABSM's short term assets (PKR14.6B) exceed its short term liabilities (PKR7.2B).
Long Term Liabilities: HABSM's short term assets (PKR14.6B) exceed its long term liabilities (PKR295.0M).
Debt to Equity History and Analysis
Debt Level: HABSM has more cash than its total debt.
Reducing Debt: HABSM's debt to equity ratio has reduced from 15.7% to 8.7% over the past 5 years.
Debt Coverage: HABSM's debt is well covered by operating cash flow (267.7%).
Interest Coverage: HABSM earns more interest than it pays, so coverage of interest payments is not a concern.